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NAB Has Issues With AT&T/DirecTV - Broadcasting & Cable

NAB Has Issues With AT&T/DirecTV

Has hard time finding public interest in combo
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The National Association of Broadcasters suggested Monday it has issues with the proposed merger of AT&T and DirecTV.

"AT&T's proposed merger with DirecTV demands a hard look in an increasingly consolidated broadband and pay television marketplace," said NAB spokesman Dennis Wharton in a statement. "It is hard to see how decreasing competitors in the pay TV marketplace – while increasing regulatory restraints on local TV stations – truly benefits consumers."

AT&T has proposed paying $48.5 billion plus assuming almost $20 billion in debt to acquire the satellite operator.

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